JobCuts

Corporate executives stick to a script when pulling the layoff lever: Cite the tough economic landscape, promise that employees will remain the firm's most valued asset, insist that there was no other option to protect the company's future. Here's why you shouldn't buy what corporate America's selling when it comes to life-ruining layoffs.

Lots of companies are laying off workers, trying to cut costs and improve their profit margins. But how should investors view the news of job cuts at a company? As a sign of deep trouble and worse to come, or as proof of committed management and better times ahead? Here's how to read the pink slips.

As the creation of new jobs slows and layoffs continue, small businesses keep hiring. ADP is betting those companies will continue to buck the trend. It's setting up new services to capitalize on that growth.

Chevron, the second-largest U.S. oil company, says it will eliminate 2,000 jobs this year with more job cuts expected in 2011.

More good news on the job front. The Labor Department announced today that the number of people filing for unemployment benefits fell, just slightly, but it's the first time that has happened in 20 weeks. On a related note, employment consulting firm Challenger Grey & Christmas (CGG) reported...

Only 631,000 Americans filed first-time unemployment claims last week. I say "only" because that's fewer than the 645,000 who filed claims the week before. I should know: I'm one of them. I filled out an application today through Florida's Agency for Workforce Innovation website. It asked me for...

This seems to be the week for corporations to announce job cuts. Today it's AT&T announcing that 3,600 U.S. jobs will be lost. Merrill Lynch announced 3,000 cuts yesterday. Washington Mutual is slicing 3,000. AMD is cutting 18,600 worldwide. And there are many companies with smaller numbers...